Should I downgrade? Pics posted

jmcu12

Would you downgrade a damaged, or problem coin in the interest of getting a problem free version?

I.e. taking a net Fine example and downgrading to a problem free AG3.

And we are taking about an 1889cc Morgan, so I cannot afford to upgrade, so take that off the table.

jdimmick

I assume you are talking about the 1889-cc Morgan $, and if so I would try to get at least a full good if possible. In most cases I would rather have a problem free lower grade than a damaged coin, but AG morgans are quite unapealing IMO?

jim

tsacch

stick with what you got and live with it.........its part of the coins history.............and the price was probably more affordable to begin with.

lordmarcovan

What they said. Depends on the eye appeal of the problem coin- if it is net Fine for cleaning or something, and has VF detail, or whatever, you probably won't be as happy going down to a much lower grade. Even a net-graded Fine is worth more than an AG, yes?

If your coin is net-graded down to Fine, this indicates to me that it has VF or better detail? What is the "problem"? Unless it's slap-yo-mama ugly, I can't see how an AG would be more pleasing.

I don't mind circ Morgans- in fact, I sometimes like the look of them better than UNC's, for some strange reason. But I like a nice VG or better, with medium grey toning.

If your net-Fine is OK looking, stick with it until you can afford a better one. Unless a slightly lower grade but problem-free piece comes along (but not an AG).

Generally a problem-free lower-grade coin will be preferable to a slightly better one that has problems, but this depends on a lot of variables, like how much lower the lower-grade problem-free piece is, and what the eye appeal and problem of the problem coin is. Go with your gut and follow your heart.

BigAl

I say go with the problem free original AG or G. There's absolutely no shortage "problem" 89cc's......

LincolnCentMan

On that date, I'd probably take the problem fine over the AG example. I'd like to at least see some meat on my coins.

David

dollardude

Coincidentally, I have an 1889-CC Morgan that I bought raw and had graded as AG03. It's a decision of taste. I prefer problem-free lower grades than higher net grades. Another thing to remember is that the lower the grade, the more liberal PCGS is on problems like minor cleaning, rim dings/bruises, etc.

ColonialCoinUnion

Absolutely 100% of the time, without any hesitation whatsoever, I'd take the lower grade problem free coin.

I honestly would not pay anything for a problem coin - they have no value to me at all.

Everytime I look at them my eye gravitates toward the problem to the point that I can't see anything else. They give me no joy and no pride of ownership.

But thats just my opinion.

sliderider

I'd keep the net graded coin.

dollardude

Another reason I prefer lower grade problem-free to higher net grade is because if you want a PCGS or NGC registry set, then you have to have problem-free coins to get them graded to get them into registry sets. If registry sets don't matter to you, then it doesn't matter.

jmcu12

Ok everyone here she is.....in all her glory. NCS calls this envrionmental damage, I call it "I got it really really cheap and it filled a hole".

ColonialCoinUnion

<< <i>Ok everyone here she is.....in all her glory. NCS calls this envrionmental damage, I call it "I got it really really cheap and it filled a hole". >>



I understand that it was inexpensive, and it filled a hole, but do you enjoy looking at that coin?

lordmarcovan

I think I would downgrade on that one, if I could find a G4 or better. I might still choose that coin over an AG, though. Then again, it'd be a tough call for me.

It's got negative eye appeal, for sure, but it's not totally hideous. It has nice detail. If you got it cheap, maybe you should try selling it and see if you can find a decent lower-grade example. If you don't mind my asking, how cheap was "cheap"? In the G4 pricerange? AG pricerange? Cheaper?

jmcu12

I don't love to look at it, it is merely ok.

As far as price I got it at about G6. The thing is I could actually turn a profit on it!

dollardude

Given the rarity and popularity of the 1889-CC Morgan, you should be proud to own one in any condition! This looks like either environmental damage or a very old cleaning that has retoned. I'd keep her if I were you.

BigAl

here's an AG3 89cc I have...

pic sucks, but at least she's not infected with hepatitis C...